Earnings

South Korean base oil refiners GS Caltex and Hyundai Shell Base Oil both reported sharply higher operating profit for the fourth quarter of 2020, whil ...

For the fourth quarter and full year 2020, HollyFrontier Corp.’s lubricants and specialty products segment posted weaker income and lower revenue fr ...

For the quarter ending Dec. 31, profits were up for India’s Tide Water Oil Co., GP Petroleums Ltd. and Continental Petroleums Ltd., along with MJL ...

Cosan’s Moove lubricants arm reported higher profits, revenue and sales volumes for the fourth quarter and full year, finishing 2020 strong after a ...

Gulf Oil Lubricants India Ltd., Apar Industries’ transformer oil and specialty oil segment, Balmer Lawrie’s grease segment, Savita Oil and Maximus ...

Afton Chemical recorded higher operating profit in the fourth quarter, but weaker full-year results, while Valvoline posted increases in sales and ope ...

Castrol India reported a 30% decline in profits for 2020, although the company said it rebounded during the second half of the year, as demand gradual ...

BP Lubes Fell 35% in 2020

February 2, 2021

BP reported yesterday that the underlying replacement cost profit before interest and tax for its lubricants business declined 35% in 2020 due to impa ...

Among South Korean base oil refiners, SK Lubricants posted lower operating profit and S-Oil reported much higher operating income for 2020, while both ...

WD-40 Income, Sales Up

January 13, 2021

WD-40 Co. reported net income of $23.6 million for the quarter ending Nov. 30, up 94% from $12.2 million in the same period in 2019. The company cited ...

Fuchs Group issued a preliminary report yesterday showing a 7% decline in sales revenue for 2020 and a bit smaller decline in earnings before interest ...

German lubricant and aftermarket additive manufacturer Liqui Moly reported 26% higher sales in November and 38% higher sales in December, compared to ...

Hyundai Shell Base Oil reported a strong operating profit for its lube base oil segment for the third quarter, improving from an operating loss in 201 ...

In Japan, KH Neochem Co. reported steep declines in third-quarter operating income and net sales for its performance materials segment, while metalwor ...

South Korean base oil refiner GS Caltex and Thai Oil’s base oil business both posted large increases in net profit for the quarter ending Sept. 30.

Vertex Energy’s black oil segment, which includes its rerefineries and used oil collection business, reported a smaller operating loss but lower rev ...

For the quarter ending Sept. 30, India’s Tide Water Oil Co. and GP Petroleums Ltd. both reported strong increases in profits, while MJL Bangladesh L ...

Cosan’s Moove finished lubricants production and distribution segment reported higher income and revenue for the quarter ending Sept. 30, compared t ...

Castrol India Ltd. reported higher profit for the quarter ending Sept. 30, compared to the same period in 2019, while Gulf Oil Lubricants India Ltd. p ...

Calumet Specialty Products Partners LP reported a worse loss for the quarter ended Sept. 30, compared to the same period of 2019, while profits improv ...